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Monday, April 30, 2007
eef So Simple - April 30, 2007
FWD: Morning Manna (May 1); BP: Jer. 17:1-18; RBTTY: Lk. 21:20-38; I Kings 10-11
Samuel D. High
sdhigh@aristotle.net
-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Mon, 30 Apr 2007 10:09:37 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (May 1); BP: Jer. 17:1-18; RBTTY: Lk. 21:20-38; I Kings 10-11
May 1 “Jesus, Our Hope”
“. . .for You are my hope in the day of evil.”
Jeremiah 17:17b
It seems the longer that I live
More evil around me abounds;
Shootings here and murders there,
Seem to leave us no certain ground.
We hear of wars and rumors of wars—
Of terror, far and wide;
It makes us afraid to venture outside
As we’re tempted to go and hide.
But, it’s in those moments of deep, dark fear
When we don’t know where to go,
That we’re reminded of Christ, Our Very Present Help,
Who truly loves us so.
He promised to be with us each step in life,
In good times and in bad—
To hold us securely in His loving arms
When we’re afraid or oh so sad.
He said He’d never leave us
Nor forsake us to our foes;
He promised to guard us with His love
In times of uncertainties and woes.
That’s why on Him we should cast our cares
Whenever we’re tempted to fear—
For He’s our Friend Who’s always faithful
And can always be found quite near.
In days of gloom, He’s God’s eternal Light;
In times of fear, our Stay.
He’s Promised to hold us in the hollow of His hand,
Regardless of come what may.
Yes, Jesus is our Hope in the days of evil
When the world has seemingly gone mad;
He’ll give us peace in every situation
And make us oh so glad.
--Tom Smith
_________________________________________________________________
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4/30/2007 FB Market Report
ARKANSAS FARM BUREAU ELECTRONIC NEWSLETTER
Daily Arkansas Market Report for 4/30/2007
--------------------------------------------------------------------------
Daily Arkansas Market Report for 4/30/2007
--------------------------------------------------------------------------
Grain & Soybean Date: April 30, 2007
Soybeans
Local Elevators:
(Apr) EAST AR: 678 to 705
(NC) Summ. 714 to 737
River Elevators
(Apr) MISS: 694 to 706 ; AR & White 683 to 703
(NC) Summ. 715 to 737
Ark. Processor Bids: (Apr) 696 to 704 (NC) 734 to 737
Memphis: (Apr) 711 to 715 (NC) 736 3/4 to 740 3/4
Riceland Foods: (NC) Stuttgart 704 ; Pendleton 705 ; West Memphis 706
Chicago Futures: Jul up 4 1/2 at 743
Aug up 4 at 749 1/2
Nov up 4 1/4 at 770 3/4
Jan '08 up 3 at 779 1/2
Nov '08 up 3 1/2 at 804 1/2
Today's Arkansas LDP rate for soybeans is 0¢
Wheat
Cash bid for new crop at Memphis 465 1/2 to - - -;
Bids to farmers at Local Elevators 442-453;
River Elevators 441-459;
Chicago Futures: Jul down 17 at 495 1/2
Sep down 12 1/2 at 508 1/2
Dec down 12 at 517
Jul '08 down 4 1/2 at 492
Jul '09 unchanged at 490
Today's Arkansas LDP rate for wheat is 0¢
Grain Sorghum
Cash bid for new crop at Memphis 560 to 571;
Bids to farmers at
River Elevators 554-618;
Today's Arkansas LDP rate for sorghum is 0¢
Corn
Cash bid for April at Memphis 360 1/2 to 370;
New crop at Memphis 327 1/2 to 331 1/2;
Bids to farmers at River Elevators 343 to 356
Chicago Futures: Jul down 6 1/4 at 367 1/2
Sep down 3 at 365 1/2
Dec '07 down 3 at 364 1/2
Dec '08 unchanged at 379 3/4
Today's Arkansas LDP rate for corn is 0¢
Grain Comment
After dropping down to the post January report gap November soybeans have traded sideways. Today was an up day but November will need to close above $7.80 to put the market in an upmode. Support is $7.50 to $7.45. Weather remains the key and that is highly variable. Inability to get corn planted in a timely manner will add to potential pressure on beans.
July wheat prices fell sharply today to close below $5. Wheat prices continue their corrective pull back. Reports of rain in major growing regions overseas are adding to the downward pressure on wheat prices. Today's crop progress report that was released after the market closed will not likely help prices tomorrow as it shows the nations crop condition better than last week. According to the report 56% of the crop is in good to excellent condition this week compared to 54% last week.
--------------------------------------------------------------------------
Cotton & Rice Date: April 30, 2007
Cotton
Spot Price, Grade 41 Staple 34: Memphis down 74 at 4451
Greenwood down 74 at 4451
New York Futures: Jul down 74 at 4926
Oct down 68 at 5245
Dec down 60 at 5416
Mar '08 down 50 at 5705
Dec '08 down 75 at 6095
This week's LDP rate for cotton is 10.10 cents.
The estimate for next week is 11.16 cents.
Cotton Comment
Cotton futures remain under pressure with old crop pushing toward the late '06 low of 46.5 cents. Exports have improved with China taking increased amounts of U.S. cotton, but the likelihood of reaching USDA's current projection is slim. That suggests further upward adjustments in ending stocks. The Easter freeze has also pushed some corn acreage back to cotton. How much will not be known for a while. Technically, cotton is oversold and due a rebound, but upside will be limited.
Rice
Long Grain Cash Bid for May/Jun 900/cwt to - - -
- - - - - - to - - -
Chicago Futures: Jul down 1 1/2 at 1030
Sep down 3 at 1063
Nov down 1 at 1093
Jan down 1 at 1117
Today's Arkansas LDP rate for long grain rice is is 0¢ cents
medium grain rice is 0¢ cents
Rice Comment
Rice futures were basically unchanged as the market traded in a narrow range just below a downtrend. November futures have downward retracement objectives at $10.80 and $10.62. The market is still looking at a slow export pace and remains concerned about the impact of GMO traits in U.S. rice. Most U.S. mills are operating well below capacity and that will likely remain the case.
--------------------------------------------------------------------------
Cattle & Hogs Date: April 30, 2007
Cattle
As reported by Federal-State Market News, receipts were 2,011 head at sales in Ash Flat & Springdale.
Compared with last week, feeder steers sold $4-$5 lower, heifers $1-$2 lower, instances $4 lower.
Steers:
Medium & Large Frame 1 400 to 450 lbs. 117 to 127
500 to 550 lbs. 115 to 124
600 to 700 lbs. 91 to 101
to lbs. to
Medium & Large Frame 2 400 to 450 lbs. 116 to 124
Heifers:
Medium & Large Frame 1 400 to 450 lbs. 111 to 121
Medium & Large Frame 2 400 to 450 lbs. 105 to 115
Slaughter Cows, Boners 45 to 51
Light Weight 35 to 41
Bulls, Yield Grade 1 1000 to 2100 lbs. 58 to 63.50, high dresing 64-68
Midwest Steers were $3.50 lower to $.25 higher at 93 to 96.75
Panhandle Steers were quoted at 95 to 97.50
Oklahoma City Feeders Steers n/a to - - - lbs. - - - to - - -
n/a to - - - lbs. - - - to - - -
Heifers n/a to - - - lbs. - - - to - - -
n/a to - - - lbs. - - - to - - -
Chicago Futures:
Live Cattle: Jun up 85 at 9412
Dec up 57 at 9635
Feeders: Aug up 137 at 11285
Oct up 112 at 11152
Hogs
Peoria: were $.5 higher at 46.5 to 47
Chicago Futures: Jun up 52 at 7510
Oct up 85 at 6750
Sheep
St. Paul Sheep shorn slaughter lambs choice end prime 110-125 lbs. were at n/a to - - -
Livestock Comment
June live cattle prices gapped higher today to close at 94.25. Live cattle are being supported by declining corn prices and continued strength in the cash market. Strong gains in the cash market will be difficult to maintain without some fresh new fundamentals.
May hogs posted strong gains as they recovered from Friday's lows. Stronger than expected demand from packers combined with a narrowing of the gap between cash and futures prices caused prices to strengthen today. Hog prices have strong resistance at 76.60 before they can approach contact highs of 77.75.
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Poultry Date: April 30, 2007
Eggs
New York: Ex. Lg. 106-110; Lg. 104-108; Med. 95-99;
Chicago: Ex. Lg. 95-103; Lg. 93-101; Med. 85-93;
Eastern Region Turkeys
Hens: 8-16 lbs. 75-77
Toms: 16-24 lbs. 75-77
Delmarva Broilers
U.S. Grade A
Majority prices were unchanged in all areas compared to previous week. Trade sentiment was mostly steady. Supplies of all sizes were usually sufficient to satisfy trade needs. In production areas, live supplies were moderate. Weights were irregular, but mostly desirable.
-----------------------------------------------------
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QUESTIONS OR COMMENTS?
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Arkansas Farm Bureau
10720 Kanis Road
Little Rock, AR 72211
501-224-4400
Copyright 2005
Arkansas Farm Bureau, Inc.
All rights reserved
--------------------------------------------------------------------------
Saturday, April 28, 2007
FWD: Morning Manna (Apr. 29); BP: Heb. 4:14-16; RBTTY: Lk. 20:27-47; I Kings 6-7
Samuel D. High
sdhigh@aristotle.net
-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Sat, 28 Apr 2007 13:39:37 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (Apr. 29); BP: Heb. 4:14-16; RBTTY: Lk. 20:27-47; I Kings 6-7
April 29 “On Getting What We Need”
“Let us, therefore, come boldly unto the Throne of grace that we may obtain
mercy and find grace to help in time of need.”
Hebrews 4:16
Thank God He gives us what we need, not what we deserve.
Somewhere along the line while growing up we reach a point where we
think we’re “entitled” to certain rights and privileges. Maybe we think
it’s because we’re “special,” “smarter” or “superior” to someone else
because of certain talents or abilities, background, educational level,
financial status, etc. Or, perhaps we think others “owe us something” or
should wait on us hand-and-foot because of “who we are.”
But, oh, dear Pilgrim, such attitudes are nothing but pride.
Simple, unadulterated pride.
And, until we reach the place where we realize we don’t deserve
anything but death, hell and the Judgment, it’s unlikely we’ll be able to
understand today’s Manna or experience God’s true salvation.
You see, as someone once entitled his book, “Truth Enters Through Lowly
Doors.” Simply put, there can be no holiness until humility has replaced
haughtiness. Salvation is never a result of our “attainment”—i.e., our
“achievement;” it’s always a matter of “obtainment”—i.e., that which we have
“received” (Eph. 2:8-9).
Look at it this way:
God doesn’t “owe” us anything. He’s God. And, He’s sovereign.
He can do whatever He chooses. If He wanted us to be born at the North
Pole, that’s where we’d be born. If He’d wanted us to be a different color.
. .or a different height. . . have a long nose instead of a short one (or
vice-versa). . .that’s what we’d have.
Therefore, until we can “learn to be content in whatsoever state we’re
in” (Phil. 4:11), we’ll never understand how to “come boldly to God’s Throne
of grace” and find what we need when we get there.
Truly, “it’s only BY HIS MERCIES we’re not consumed” (Lam. 3:22). He
doesn’t have to love us, but He does. He doesn’t have to offer us
salvation, but He does. He doesn’t have to even now be preparing a place
for us in Heaven, but He is (Jn. 14:1-3). That’s the meaning of “grace” and
“mercy:” Getting something we don’t deserve—and not getting what we do
deserve! Hallelujah!!
Our only plea is Christ’s blood. Our only access to His Throne of
Grace is Jesus’ Atonement (Rom. 5:6-11). Thus, it’s only when we realize
this and fall down before Him in humble surrender, that we understand “the
boldness to enter in.” Only then.
What do you need today, Pilgrim? What’s that? More money? More
patience? More time? More love? More understanding? No, you only need
His “mercy and grace in your time of need.” Therefore, rest in Him today,
weary one. His grace is sufficient (II Cor. 12:9-10). And His mercy is
complete and freely given. Amen and amen.
_________________________________________________________________
Interest Rates NEAR 39yr LOWS! $430,000 Mortgage for $1,299/mo - Calculate
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FWD: Morning Manna (Apr. 28); BP: Heb. 4:14-16; RBTTY: Lk. 20:1-26; I Kings 3-5
Samuel D. High
sdhigh@aristotle.net
-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Fri, 27 Apr 2007 14:47:21 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (Apr. 28); BP: Heb. 4:14-16; RBTTY: Lk. 20:1-26; I Kings 3-5
April 28 “Boldness to Enter
In”
“Let us, therefore, come boldly unto the Throne of grace that we may obtain
mercy and find grace to help in time of need.”
Hebrews 4:16
Trust replaces timidity and boldness replaces bashfulness when we
realize Who He is and what He’s done for us.
None of us would think about marching up to the front door of the White
House, opening the front door and going in unannounced. First, it’d be
impossible because of the tight security that surrounds the place. Second,
even if we had a personally-signed invitation from the President, we’d still
have to be checked out before we’d be granted admission—and, even then, the
security forces would be on high alert until they knew we posed no threat to
the Commander-in-Chief.
But, none of the above happens when the one wanting inside is the
President’s own small child. He can be in a high-level meeting with several
senators, congressmen or members of his own cabinet and the little tyke can
slip in a side door, bound across the room and leap up into his daddy’s lap
without fear or trepidation.
Why is that?
Simply because he’s his father’s child. . .the “apple of his eye”. .
.the one in whom he delights. No secret service guard would dare mistreat
this child or prevent him from reaching his daddy. As a son, his is an
“inalienable right” to go to his father whenever he wants—unless there are
extenuating circumstances that prevent it.
Oh, dear Pilgrim, does not today’s Manna basically tell us that we have
this same type of automatic access to “the Throne of grace”? And, doesn’t
it tell us that we’ll always receive what we need once we get there?
Assuredly it does. Hallelujah!!
Yes, when we trust in Jesus as our personal Savior and Lord, we are
immediately adopted into the Heavenly Father’s Family. We become
“joint-heirs with Christ” (James 2:5) and given access to all the
rights-and-privileges that accompany Sonship. This doesn’t mean we’re on an
equal level with the God the Father, God the Son or God the Holy Spirit;
however, it does mean we’re able to enjoy the pleasure of fellowship that
only comes to those who’ve been washed in the blood of the Lamb. Glory!!
The Greek word “parrhesia” is used here for “boldness” and also means
“all out-spokenness, frankness, confident assurance, plainness, openness,
etc.” It’s a “care-free confidence” that comes with total trusting in Who
God is and what He has promised (Heb. 11:6). No wonder it’s called
“pleasing” or “saving” faith.
One word of caution is necessary here, however. Such boldness is not
brashness. It’s not proud presumption that springs from carnal
confidence—i.e., a sinful air of arrogance that says “Hey, I’m somebody!
I’m a child of the King and can do what I want!” God forbid! (Rom. 6:1,
15). No, this type of “holy boldness” only comes from an humble life of
surrender and repentance. May the Spirit help us to live that way today.
_________________________________________________________________
Interest Rates NEAR 39yr LOWS! $430,000 Mortgage for $1,299/mo - Calculate
new payment
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Friday, April 27, 2007
4/27/2007 FB Market Report
ARKANSAS FARM BUREAU ELECTRONIC NEWSLETTER
Daily Arkansas Market Report for 4/27/2007
--------------------------------------------------------------------------
Daily Arkansas Market Report for 4/27/2007
--------------------------------------------------------------------------
Grain & Soybean Date: April 27, 2007
Soybeans
Local Elevators:
(Apr) EAST AR: 672 to 699
(NC) Summ. 710 to 733
River Elevators
(Apr) MISS: 688 to 700 ; AR & White 678 to 698
(NC) Summ. 710 to 733
Ark. Processor Bids: (Apr) 691 to 698 (NC) 730 to 733
Memphis: (Apr) 703 to 710 (NC) 732 1/2 to 734 1/2
Riceland Foods: (NC) Stuttgart 698 ; Pendleton 699 ; West Memphis 700
Chicago Futures: May up 4 3/4 at 723
Jul up 3 1/2 at 738 1/2
Aug up 4 at 745 1/2
Nov up 4 1/4 at 766 1/2
Nov '08 up 5 at 801
Today's Arkansas LDP rate for soybeans is 0¢
Wheat
Cash bid for new crop at Memphis 482 1/2 to - - -;
Bids to farmers at Local Elevators 459-470;
River Elevators 458-479;
Chicago Futures: May down 6 1/2 at 500 1/2
Jul down 8 1/2 at 512 1/2
Sep down 6 3/4 at 521
Jul '08 down 2 1/2 at 496 1/2
Jul '09 down 2 at 490
Today's Arkansas LDP rate for wheat is 0¢
Grain Sorghum
Cash bid for new crop at Memphis 565 to 576;
Bids to farmers at
River Elevators 563-627;
Today's Arkansas LDP rate for sorghum is 0¢
Corn
Cash bid for April at Memphis 363 1/4 to 374 1/4;
New crop at Memphis 330 1/2 to 334 1/2;
Bids to farmers at River Elevators 348 to 361
Chicago Futures: May down 1/2 at 364 1/4
Sep down 5 1/2 at 368 1/2
Dec down 6 1/2 at 367 1/2
Dec '08 down 4 3/4 at 379 3/4
Today's Arkansas LDP rate for corn is 0¢
Grain Comment
Soybeans were steady to firm closing with small gains. The overall fundamental picture is unchanged with a big U.S. carryover and big world supplies dominating the picture. Poor corn planting conditions may ultimately force some acreage back to soybeans.
After maintaining gains yesterday, wheat prices fell today. While prices still have strong support from the fundamentals they are having difficulty maintaining highs set over the last few days. The bad news is that today's weak close is likely to carryover to Monday; however, given the current situation we are unlikely to see losses like we saw in March when prices fell dramatically. July wheat prices have support around $4.90.
--------------------------------------------------------------------------
Cotton & Rice Date: April 27, 2007
Cotton
Spot Price, Grade 41 Staple 34: Memphis up 1 at 4525
Greenwood up 1 at 4525
New York Futures: May up 20 at 4790
Jul up 1 at 5000
Oct up 13 at 5313
Dec down 6 at 5476
Dec '08 down 15 at 6170
This week's LDP rate for cotton is 10.10 cents.
The estimate for next week is 11.16 cents.
Cotton Comment
Cotton was mostly lower and the market is beginning to sound like a summer weather forecast. Huge U.S. stocks are expected to increase even more as exports likely will fail to reach the much reduced projection. China has failed to reach earlier expectations. Smaller U.S. plantings will help but even with just 12 million acres supplies will be huge.
Rice
Long Grain Cash Bid for Apr/May 900 to 903/cwt
Jun 900/cwt to - - -
Chicago Futures: May up 10 at 998
Jul up 5 1/2 at 1031 1/2
Sep up 3 at 1066
Nov up 2 at 1094
Today's Arkansas LDP rate for long grain rice is is 0¢ cents
medium grain rice is 0¢ cents
Rice Comment
Rice was steady today as the market awaits further developments. Fresh demand remains thin as mills continue to ship against recent sales to Cuba, Africa, and Haiti. Most mills are operating well below capacity. The '07 crop remains a factor with acreage projected lower again this year. Exactly how much will be planted is yet to be determined but the market is anticipating significantly less long grain.
--------------------------------------------------------------------------
Cattle & Hogs Date: April 27, 2007
Cattle
As reported by Federal-State Market News, receipts were 8,275 head at sales in Arkansas this week.
Compared with last week, feeder steers sold unevenly, mostly weak to $1 lower.
Steers:
Medium & Large Frame 1 400 to 450 lbs. 124 to 134
500 to 550 lbs. 118 to 128
600 to 700 lbs. 102 to 112
to lbs. to
Medium & Large Frame 2 400 to 450 lbs. 114 to 124
Heifers:
Medium & Large Frame 1 400 to 450 lbs. 111 to 121
Medium & Large Frame 2 400 to 450 lbs. 104 to 114
Slaughter Cows, Boners 45 to 51
Light Weight 35 to 41
Bulls, Yield Grade 1 1000 to 2100 lbs. 58 to 64, high dressing 64-68
Midwest Steers were steady at 96.50 to - - -
Panhandle Steers n/a at - - - to - - -
Oklahoma City Feeders Steers 500 to 550 lbs. 119 to 137
600 to 650 lbs. 109 to 124
Heifers 500 to 550 lbs. 104 to 118
600 to 650 lbs. 102 to 116.85
Chicago Futures:
Live Cattle: Jun up 57 at 9327
Aug up 55 at 9202
Feeders: May up 40 at 10855
Aug up 50 at 11147
Hogs
Peoria: were unchanged at 46 to 46.5
Chicago Futures: May down 62 at 7445
Jun down 60 at 7457
Sheep
St. Paul Sheep shorn slaughter lambs choice end prime 110-125 lbs. were at n/a to - - -
Livestock Comment
Live cattle prices moved higher today. Prices have found support in news that South Korea has agreed to allow 6.4 MT of U.S. beef into this market. However, cattle slaughter is down this week, as the wholesale beef market remains weak. June live cattle have support at $92.
Lean hog prices experienced modest gains today as wholesale pork prices continue to strengthen. Hog prices over the last couple of weeks have traded mostly sideways, as the market looks for fresh fundamental news. July hogs have support at $74.85.
--------------------------------------------------------------------------
Poultry Date: April 27, 2007
Eggs
New York: Ex. Lg. 106-110; Lg. 104-108; Med. 95-99;
Chicago: Ex. Lg. 85-93; Lg. 83-91; Med. 70-78;
Eastern Region Turkeys
Hens: 8-16 lbs. 75-77
Toms: 16-24 lbs. 75-77
Delmarva Broilers
U.S. Grade A
Majority prices were unchanged in the major terminal markets when compared to a week earlier. Trade sentiment was mostly steady in shipping channels. However, some caution was noted. Supplies of all sizes were sufficient for trade needs. In production areas, live supplies were moderate. Weights were irregular, but mostly desirable.
-----------------------------------------------------
HOW TO UNSUBSCRIBE
You are receiving this newsletter because you requested that your email address be added to the Arkansas Farm Bureau Daily Market Report.
To unsubscribe or change your subscription information, go to
http://www.arfb.com/commodity/daily_rpt_email.asp
-----------------------------------------------------
QUESTIONS OR COMMENTS?
If you have any comments or questions about this e-newsletter please
e-mail us at mktrpt@arfb.com
Arkansas Farm Bureau
10720 Kanis Road
Little Rock, AR 72211
501-224-4400
Copyright 2005
Arkansas Farm Bureau, Inc.
All rights reserved
--------------------------------------------------------------------------
Thursday, April 26, 2007
FWD: Morning Manna (Apr. 27); BP: Heb. 4:14-16; RBTTY: Lk. 19:28-48; I Kings 1-2
Samuel D. High
sdhigh@aristotle.net
-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Thu, 26 Apr 2007 17:08:13 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (Apr. 27); BP: Heb. 4:14-16; RBTTY: Lk. 19:28-48; I Kings 1-2
April 27 “In Every Way”
“Seeing then that we have a great High Priest that is passed into the
heavens—Jesus, the Son of God—let us hold fast our profession. For we have
not a high priest which cannot be touched with the felling of our
infirmities, but was in all points tempted like as we are, yet without sin.”
Hebrews 4:14-15
In our pressure or problems, there’s always a Presence.
Innate within our makeup as human beings is the instinctive need to
worship—something or someone. Even in cultures where there is no scientific
knowledge or orientation. . .awareness of outer space or galaxies. .
.understanding of atoms, DNA, gravitational pull, etc., there’s still an
awareness of “something more.”
Although Abel had no formal training in theology or liturgical worship,
he still offered a sacrifice up unto God (Gen. 4:4). The same was true for
Abraham (Gen. 12:7), Isaac (Gen. 26:25), Jacob (Gen. 28:18) and Job (Job
1:5). And, long before God directed the Israelites to develop a formal
priesthood and sacrificial system, there were priests around (Gen. 14:18;
41:45; Ex. 3:1).
After delivering Israel from Egyptian slavery, God led them to
establish the priesthood through Aaron and his lineage (Ex. 40:15; Num.
18:7). They would be assisted in worship by other members of the tribe of
Levi (Num. 8:6), who were served as music leaders, doorkeepers, transporters
of the Tabernacle and its furniture, etc. (Num. 1:50-53; 3:6-9; 4:1-33).
By Jesus’ day the priesthood had fallen into disrespect because of
their personal corruption, neglect of priestly duties and false teachings.
Politics had greatly entered in, as evidenced by the conduct of the chief
priests, scribes, Pharisees, Sadducees, etc.
Thus, when Christ appeared on the scene His teaching—which was “alive”
and authoritative—caught the ear of the masses, causing them to flock to Him
from far and wide. Likewise, His many miracles demonstrated His special
power and blessings from God. Yet, later on, these same ones who cried
“Hosanna! Blessed is He Who comes in the name of the Lord” (Mk. 11:9) would
soon be crying “Crucify Him! Crucify Him!” (Lk. 23:21).
It would only be after Jesus’ crucifixion and resurrection that they’d
begin to understand Who He was/is: God’s new Passover Lamb and our great
High Priest. As other priests, He would be our new Mediator, Minister and
Messenger. The difference would be that His ministry would be interior, not
external—and eternal, not temporal.
Likewise, He would not remain aloof from the plight and problems of His
“parishioners;” instead, He would become “one of us”—“tempted (tested,
tried) like as we are, yet without sin.” It would be “through His suffering
that He’d be made complete and learn obedience” (Heb. 2:10b; 5:8). That’s
why He understands what we’re going through when we’re “down for the count”
and ready to “wave the white flag.” And, that’s why we need to cry, “Help
me, Jesus”—knowing He’ll hear and help.
_________________________________________________________________
Mortgage refinance is Hot. *Terms. Get a 5.375%* fix rate. Check savings
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4/26/2007 FB Market Report
ARKANSAS FARM BUREAU ELECTRONIC NEWSLETTER
Daily Arkansas Market Report for 4/26/2007
--------------------------------------------------------------------------
Daily Arkansas Market Report for 4/26/2007
--------------------------------------------------------------------------
Grain & Soybean Date: April 26, 2007
Soybeans
Local Elevators:
(April) EAST AR: 667 to 694
(NC) Summ. 705 to 728
River Elevators
(April) MISS: 683 to 697 ; AR & White 675 to 695
(NC) Summ. 706 to 728
Ark. Processor Bids: (April) 686 to 693 (NC) 725 to 728
Memphis: (April) 695 1/4 to 708 1/4 (NC) 728 1/4 to 730 1/4
Riceland Foods: (April) Stuttgart 693 ; Pendleton 694 ; West Memphis 695
Chicago Futures: May down 3 1/4 at 718 1/4
July down 2 3/4 at 735
Aug down 2 1/4 at 741 1/2
Nov down 2 1/4 at 762 1/4
Nov '08 down 3 1/2 at 796
Today's Arkansas LDP rate for soybeans is 0¢
Wheat
Cash bid for new crop at Memphis 491 to 493;
Bids to farmers at Local Elevators 467-478;
River Elevators 466-484;
Chicago Futures: May up 3/4 at 507
July up 1/2 at 521
Sept up 1/4 at 527 3/4
July '08 down 3 at 499
July '09 up 2 at 492
Today's Arkansas LDP rate for wheat is 0¢
Grain Sorghum
Cash bid for new crop at Memphis 577 to 582;
Bids to farmers at
River Elevators 564-629;
Today's Arkansas LDP rate for sorghum is 0¢
Corn
Cash bid for April at Memphis 366 3/4 to 371 3/4;
New crop at Memphis 336 to 339;
Bids to farmers at River Elevators 347 to 360
Chicago Futures: May down 6 1/2 at 364 3/4
Sept down 4 1/4 at 374
Dec down 5 1/2 at 387
Dec '08 down 4 1/2 at 384 1/2
Today's Arkansas LDP rate for corn is 0¢
Grain Comment
November soybean prices continue to decline. Adding to the bearish picture for soybeans is the fact that record stocks at the end of the marketing year should be enough to keep U.S. soybean supplies healthy despite the decline in production. Strong yields in both the U.S. and South America will be more than enough to supply Asia's growing demand. November soybean prices will likely find some technical support in the coming days, as soybean prices appear to be over sold.
Wheat prices were slightly higher today. This week's progress report showed wheat quality down only 1 percent from last week to 54% in good or excellent condition. This is surprising given all the damage that has been reported across the country. The report showed 64% of Arkansas's wheat crop in poor or very poor shape. The new contract high set yesterday will likely be resistance over the next few sessions.
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Cotton & Rice Date: April 26, 2007
Cotton
Spot Price, Grade 41 Staple 34: Memphis down 124 at 4524
Greenwood down 124 at 4524
New York Futures: May down 120 at 4770
July down 124 at 4999
Oct down 133 at 5300
Dec down 118 at 5482
Dec '08 down 95 at 6185
This week's LDP rate for cotton is 9.65 cents.
The estimate for next week is 10.10 cents.
Cotton Comment
December cotton was sharply lower again today after a little upturn yesterday. Exports to China are down 48 percent from last year. This is not good for U.S. cotton as it depends on China to buy most of its cotton. Cotton prices have seen little reaction to the production decline forecast in the planting report, as large carryover stocks will offset much of the reduction.
Rice
Long Grain Cash Bid for April 893 to 900/CWT
May 893 to 900/CWT
Chicago Futures: May down 12 at 988
July down 9 at 1026
Sept down 7 at 1063
Nov down 10 at 1092
Today's Arkansas LDP rate for long grain rice is is 0¢ cents
medium grain rice is 0¢ cents
Rice Comment
Rice prices fell again today. The rally we experienced following the March stock and the planting intentions report just can't sustain its self. Instead bearish news like U.S. mills operating at less than 50 percent capacity and slow U.S. rice exports appear to be dominating the market and pressuring rice prices lower. Rice prices have support at $10.90.
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Cattle & Hogs Date: April 26, 2007
Cattle
As reported by Federal-State Market News, receipts were 2164 head at sales in Charlotte & Green Forest.
Compared with last week, feeder steers sold steady to $1 higher, heifers mostly steady.
Steers:
Medium & Large Frame 1 400 to 450 lbs. 125 to 135
500 to 550 lbs. 117 to 127
600 to 700 lbs. 104 to 114
to lbs. to
Medium & Large Frame 2 400 to 450 lbs. 116 to 126
Heifers:
Medium & Large Frame 1 500 to 550 lbs. 104 to 114
Medium & Large Frame 2 400 to 450 lbs. 100 to 110
Slaughter Cows, Boners 44 to 50
Light Weight 35 to 40
Bulls, Yield Grade 1 1000 to 2100 lbs. 57 to 64
Midwest Steers were $2.50 higher at 96.5 to - - -
Panhandle Steers were $2 to $2.50 higher at 96 to 96.5
Oklahoma City Feeders Steers 500 to 550 lbs. 126 to 137
550 to 600 lbs. 118 to 121
Heifers 500 to 550 lbs. 106 to 111.50
550 to 600 lbs. 100 to 104
Chicago Futures:
Live Cattle: June down 62 at 9270
Aug down 32 at 9147
Feeders: May up 17 at 10815
Aug down 2 at 11097
Hogs
Peoria: were unchanged at 46 to 46.5
Chicago Futures: May down 115 at 7507
June down 97 at 7517
Sheep
St. Paul n/a at - - - to - - -
Livestock Comment
June live cattle experienced declines again today. Midwest cash prices remain strong; however packers continue to buy only what they need as they feel feedlot prices are too strong.
Hog prices fell today. Recent price strength caused some concern that the market was over bought this may be the beginning of a corrective measure; however, down side potential is limited. Hog prices have strong support at $75. This combined with the strengthening corn market reduces the downside potential for lean hogs.
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Poultry Date: April 26, 2007
Eggs
New York: Ex. Lg. 106-110; Lg. 104-108; Med. 95-99;
Chicago: Ex. Lg. 85-93; Lg. 83-91; Med. 70-78;
Eastern Region Turkeys
Hens: 8-16 lbs. 74-76
Toms: 16-24 lbs. 74-76
Delmarva Broilers
U.S. Grade A
Trade sentiment was generally steady in all areas. Supplies of all sizes were at least adequate to satisfy trade needs. Floor stocks were in balance to long. In production areas, live supplies were moderate at mixed, but mostly desirable weights. According to National Agricultural Statistics Service, broiler egg sets were up 4% and chick placements were up 1% when compared to a year ago. Based on the preliminary chick placements, the number of fryers available for marketing during the week ending June 02, 2007 was estimated at 163.2 million head compared to 162.7 million head a week earlier.
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QUESTIONS OR COMMENTS?
If you have any comments or questions about this e-newsletter please
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Arkansas Farm Bureau
10720 Kanis Road
Little Rock, AR 72211
501-224-4400
Copyright 2005
Arkansas Farm Bureau, Inc.
All rights reserved
--------------------------------------------------------------------------
Wednesday, April 25, 2007
FWD: Morning Manna (Apr. 26); BP: Heb. 2:5-18; RBTTY: Lk. 19:1-27; II Sam.23-24
Samuel D. High
sdhigh@aristotle.net
-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Wed, 25 Apr 2007 17:35:18 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (Apr. 26); BP: Heb. 2:5-18; RBTTY: Lk. 19:1-27; II Sam.23-24
April 26 “Our Merciful and Faithful High Priest”
“For verily He took not on Himself the nature of angels, but He took on
Himself the seed of Abraham. Wherefore, in all things it behooved Him to be
made like unto His brethren, that He might be a merciful and faithful High
Priest in things pertaining to God, to make reconciliation for the sins of
the people. For in that He, Himself, has suffered, being tempted, He is
able to succor them that are tempted.”
Hebrews 2:16-18
Why should we look to anyone else when He knows our needs and is able?
Of all the attributes of Christ, none is more precious than the one
found in today’s Manna—i.e., He is our “merciful and faithful High Priest.”
This doesn’t diminish the importance or beauty of His being our Savior. .
.Lord. . .the “Wonderful Counselor. . .the Mighty God. . .the Everlasting
Father. . .the Prince of Peace” (Is. 9:6). However, when we realize how
great our Lord’s condescending love and what He endured to redeem us, how
can we keep from surrendering to Him in all things?
Think of it:
He could have come to earth anyway He chose; yet, “He took on Himself
the seed of Abraham.” Simply put, “in ALL THINGS (every way) it behooved
(Grk. ‘opheilo’—‘to be bound, must needs to, ought, etc.’) Him to became
just like us.” Thus, He willingly chose to enter into every type situation
we’ll ever experience so He could understand what it meant to be “tempted
(Grk. ‘peirazo’—‘to be tested, scrutinized, examined, proved, tried, etc.’)
in every way we would” (Heb. 4:15).
Thus, when we’ve felt overwhelming pressure and been tempted to cave
in, so has He. When we’ve felt that forlorn feeling of being forsaken, so
did He. If fear has ever risen up from the depths of our soul, tempting us
to despair, He’s “been there, done that.”
Yes, “in all things He was made like unto His brethren.” The reason:
“That He might be a merciful (Grk. ‘eleeo’—‘compassionate, to show pity on,
tender kindness, etc.’) and faithful High Priest in the things pertaining to
God.” Although we all have known pastors or priests who were loving and
understanding, none of them can compare to Jesus, our Great High Priest. He
ALWAYS understands what we’re going through and, consequently, “is able to
succor (Grk. ‘boetheo’—‘to come to the aid of, relieve, help, comfort,
etc.’) them who are tempted.”
Oh, dear Pilgrim, isn’t it wonderful to know that we have Someone Who
is our “Mediator” with the Heavenly Father (I Tim.2:5)—that we don’t have to
go to any other lesser intermediaries for assistance? Doesn’t your heart
thrill to know that the Lord Jesus Himself is praying for you by name right
now in the Heavenly Holy of Holies (Heb. 7:24-25)? Aren’t you thankful that
even now He faithfully proclaims God’s Word and Will to you via His Holy
Spirit and the Bible? Glory!!
May the Holy Spirit help us today to spend some time in quiet
reflection and gratitude for Jesus, our “merciful and faithful High Priest.”
May we also seek opportunities today to tell someone else about Him and
how He can help them too.
_________________________________________________________________
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4/25/2007 FB Market Report
ARKANSAS FARM BUREAU ELECTRONIC NEWSLETTER
Daily Arkansas Market Report for 4/25/2007
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Daily Arkansas Market Report for 4/25/2007
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Grain & Soybean Date: April 25, 2007
Soybeans
Local Elevators:
(April) EAST AR: 671 to 698
(NC) Summ. 708 to 731
River Elevators
(April) MISS: 687 to 700 ; AR & White 678 to 698
(NC) Summ. 708 to 731
Ark. Processor Bids: (April) 690 to 697 (NC) 728 to 731
Memphis: (April) 708 1/2 to 710 1/2 (NC) 726 1/2 to 732 1/2
Riceland Foods: (April) Stuttgart 697 ; Pendleton 698 ; West Memphis 699
Chicago Futures: May up 11 3/4 at 721 1/2
July up 11 1/2 at 737 3/4
Aug up 11 at 743 3/4
Nov up 11 1/4 at 764 1/2
Nov '08 up 9 1/4 at 799 1/2
Today's Arkansas LDP rate for soybeans is 0¢
Wheat
Cash bid for new crop at Memphis 490 1/2 to 492 1/2;
Bids to farmers at Local Elevators 465-475;
River Elevators 463-481;
Chicago Futures: May up 22 3/4 at 506 1/4
July up 23 at 520 1/2
Sept up 21 1/2 at 527 1/2
July '08 up 14 3/4 at 502
July '09 up 8 at 490
Today's Arkansas LDP rate for wheat is 0¢
Grain Sorghum
Cash bid for new crop at Memphis 574 to 592;
Bids to farmers at
River Elevators 575-639;
Today's Arkansas LDP rate for sorghum is 0¢
Corn
Cash bid for April at Memphis 373 1/4 to 379 1/4;
New crop at Memphis 340 1/4 to 343 1/4;
Bids to farmers at River Elevators 353 to 366
Chicago Futures: May up 10 3/4 at 371 1/4
Sept up 9 1/2 at 378 1/4
Dec up 7 at 379 1/2
Dec '08 up 2 3/4 at 389
Today's Arkansas LDP rate for corn is 0¢
Grain Comment
Soybean prices are experiencing modest gains today. Soybean prices right now are following corn prices which have begun to climb again as between 80% and 90% of the Corn Belt will see rain today or tomorrow. Poor conditions have hindered corn plantings all season. It is looking unlikely that all of the forecast 90 million acres of corn will be planted this year. This means some acres will shift to soybeans. This threat is keeping the pressure on soybean prices at this time. Additional acres added to our already record carryover, would make it difficult for soybeans to keep up with the wheat and corn markets.
July wheat came out of the gate strong today. Prices spiked up to a new contract high of $5.27 around mid-morning before declining slightly and closing at a $5.20. Today's gains came as more funds entered the market and news of hard red wheat crop continues to decline. This looks like a good time to sell wheat if you haven't already, as prices are beginning to show signs of overheating. Wheat prices are likely to experience some correction in the next few days; however, if crop conditions are as bad as some are saying prices have the potential to go higher.
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Cotton & Rice Date: April 25, 2007
Cotton
Spot Price, Grade 41 Staple 34: Memphis up 51 at 4648
Greenwood up 51 at 4648
New York Futures: May up 22 at 4890
July up 51 at 5123
Oct up 33 at 5433
Dec up 35 at 5600
Dec '08 up 20 at 6280
This week's LDP rate for cotton is 9.65 cents.
The estimate for next week is 10.07 cents.
Cotton Comment
December cotton prices saw very light trading today after setting new contract lows yesterday. Cotton prices cannot find any support, prices broke new lows yesterday despite planting progress being down significantly from previous years. Tomorrow's export sales report is expected to be relatively weak. The sentiment of the trade is that even with strong sales it will be difficult to reach current export goals.
Rice
Long Grain Cash Bid for April 900 to 905/cwt
May 900 to 905/cwt
Chicago Futures: May up 4 at 1000
July up 8 at 1035
Sept up 8 at 1070
Nov up 9 at 1102
Today's Arkansas LDP rate for long grain rice is is 0¢ cents
medium grain rice is 0¢ cents
Rice Comment
Rice prices saw very modest gains today. Mill and export demand continue to be very weak. Mill bids are around 50 cents per cwt less than seller's offers, and barge bids are 75 cents per cwt less than seller's offers. Prices around the globe are steady to down right now. Rice prices are likely to continue to trade sideways to down until some new fundamental occur and push the market.
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Cattle & Hogs Date: April 25, 2007
Cattle
As reported by Federal-State Market News, receipts were 1256 head at sales in Conway and Pocahontas.
Compared with last week, feeder steers under 600 lbs. $3 to $5 lower, over 600 lbs. weak to $1 lower.
Steers:
Medium & Large Frame 1 400 to 450 lbs. 120 to 130
500 to 550 lbs. 113 to 123
600 to 650 lbs. 105 to 115
to lbs. to
Medium & Large Frame 2 400 to 450 lbs. 110 to 120
Heifers:
Medium & Large Frame 1 500 to 550 lbs. 102 to 112
Medium & Large Frame 2 400 to 450 lbs. 93 to 103
Slaughter Cows, Boners 46 to 50.5
Light Weight 35 to 38
Bulls, Yield Grade 1 1000 to 2100 lbs. 58 to 64
Midwest Steers were at 94 to - - -
Panhandle Steers were at 94 to - - -
Oklahoma City Feeders Steers 500 to 550 lbs. 128 to 129
550 to 600 lbs. 119.75 to 128.25
Heifers 500 to 550 lbs. 112.5 to 116.5
550 to 600 lbs. 110 to 116.6
Chicago Futures:
Live Cattle: June up 2 at 9332
Aug up 20 at 9180
Feeders: May down 115 at 10797
Aug down 110 at 11100
Hogs
Peoria: were unchanged at 46 to 46.5
Chicago Futures: May up 37 at 7622
June up 70 at 7615
Sheep
St. Paul n/a at - - - to - - -
Livestock Comment
After a strong opening, June live cattle prices fell sharply; however, prices recovered their losses to close the day up slightly. Positive packer margins and strong cash prices have helped to support prices. Live cattle have support between $91 and $92 per cwt.
May hogs closed the day up slightly. Strong exports continue to support prices; however if prices continue to rise they may price themselves out of some markets. Strong cash prices combined with improving packer margins have increased demand for hogs.
The sentiment was steady in all areas. Supplies of all sizes were at least sufficient to handle trade needs. Floor stocks were in a full range. In production areas, live supplies were moderate. Weights were mixed, but mostly desirable.
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Poultry Date: April 25, 2007
Eggs
New York: Ex. Lg. 103-107; Lg. 101-105; Med. 91-95;
Chicago: Ex. Lg. 83-93; Lg. 83-91; Med. 70-78;
Eastern Region Turkeys
Hens: 8-16 lbs. 74-76
Toms: 16-24 lbs. 74-76
Delmarva Broilers
U.S. Grade A
The sentiment was steady in all areas. Supplies of all sizes were at least sufficient to handle trade needs. Floor stocks were in a full range. In production areas, live supplies were moderate. Weights were mixed, but mostly desirable.
-----------------------------------------------------
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QUESTIONS OR COMMENTS?
If you have any comments or questions about this e-newsletter please
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Arkansas Farm Bureau
10720 Kanis Road
Little Rock, AR 72211
501-224-4400
Copyright 2005
Arkansas Farm Bureau, Inc.
All rights reserved
--------------------------------------------------------------------------
Tuesday, April 24, 2007
FWD: Morning Manna (Apr. 25); BP: Jn. 21:15-23; RBTTY: Lk. 18:24-43; II Sam. 21-22
Samuel D. High
sdhigh@aristotle.net
-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Tue, 24 Apr 2007 19:40:39 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (Apr. 25); BP: Jn. 21:15-23; RBTTY: Lk. 18:24-43; II Sam. 21-22
April 25 “Still Usable”
“He said unto him the third time, ‘Simon, son of John, do you love Me?’
Peter was grieved because He said unto him the third time, ‘Do you love Me?’
And he said unto Him, ‘Lord, You know all things—You know that I love
you.’ Jesus said unto him, ‘Feed My sheep’.”
John 21:17
His all-seeing eyes see our “want to,” not our “won’t dos” or “didn’t
dos.”
Have you ever wondered how agonizing it would be to be omniscient?
Think about it: If you had the ability to know everything about everyone. .
.what they were thinking... what they were going to do before they did it. .
.the “hidden desires” of their heart, etc., how would that affect your
attitude and actions toward them?
Hmm. . .maybe that’s why Martin Luther, in commenting on John 3:16,
once said “If I were God, I would have already obliterated the world!” Yes,
it’s good we’re not an omniscient, omnipotent and omnipresent God;
otherwise, none of us would have any hope!
Today’s Manna is one of the most beautiful in God’s Word. Why is that?
Because it speaks of our Lord’s “pursuing” love and His willingness to
“look beyond our faults and see our needs.” Hallelujah!!
We know our Lord didn’t need anyone to tell Him anything about
anyone—then or now (Jn. 2:24-25). He knows everything about us from the
time we’re “being knitted in secret in our mother’s womb” (Ps. 139:15-16)
until our last day here on earth. He knows the number of hairs on our head
(Mt. 10:30) and the number of tears we’ll shed in a lifetime (Ps. 56:8).
Thus, Jesus’ questions to Simon Peter on the Galilean seashore that
morning weren’t intended to condemn; instead, they were intended to help
this guilt-ridden disciple realize that He was both forgiven and still
usable to Him. Our Lord had already told the brash, braggadocios,
salt-tongued former sailor that he was going to deny Him before the night
was through (Lk. 22:31-34). However, He also told him He was praying for
him and would still use him after he came to his senses.
In reality, Jesus’ charge to “Feed My lambs and sheep” (vv.15-17) are a
restatement of His words of “Strengthen your brothers” in the upper room
(Lk. 22:32). No doubt Peter’s guilt had caused him to think he was useless
to the Master—and maybe that’s why he went back fishing after having seen
the Risen Lord three different times already (Jn. 20:19-21:1-3). How
wonderful to know Jesus’ call to us is not cancelled when we sin! Glory!!
Oh, dear Pilgrim, it’s truly by “God’s mercies that we’re not consumed;
His compassions fail not—they’re new every morning. Great is His
faithfulness” (Lam. 3:21-23). Therefore, let us give thanks today for our
Lord’s “Land of New Beginnings” (II Cor. 5:17), knowing that He can still
use us after we’ve sinned (Jer. 18:1-6) and can use everything in our lives
for our good and His glory (Joel 2:25-26; Rom. 8:28).
_________________________________________________________________
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4/24/2007 FB Market Report
ARKANSAS FARM BUREAU ELECTRONIC NEWSLETTER
Daily Arkansas Market Report for 4/24/2007
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Daily Arkansas Market Report for 4/24/2007
--------------------------------------------------------------------------
Grain & Soybean Date: April 24, 2007
Soybeans
Local Elevators:
(April) EAST AR: 659 to 686
(NC) Summ. 696 to 719
River Elevators
(April) MISS: 675 to 689 ; AR & White 667 to 687
(NC) Summ. 697 to 719
Ark. Processor Bids: (April) 678 to 685 (NC) 716 to 719
Memphis: (April) 696 3/4 to 698 3/4 (NC) 715 1/4 to 721 1/4
Riceland Foods: (April) Stuttgart 685 ; Pendleton 686 ; West Memphis 687
Chicago Futures: May down 11 1/2 at 709 3/4
July down 11 3/4 at 726 1/4
Aug down 12 3/4 at 732 3/4
Nov down 12 1/2 at 753 1/4
Nov '08 down 9 3/4 at 790 1/4
Today's Arkansas LDP rate for soybeans is 0¢
Wheat
Cash bid for new crop at Memphis 467 1/2 to 469 1/2;
Bids to farmers at Local Elevators 442-452;
River Elevators 440-458;
Chicago Futures: May down 10 1/2 at 483 1/2
July down 8 at 497 1/2
Sept down 6 1/2 at 506
July '08 down 7 1/4 at 487 1/4
July '09 down 8 at 482
Today's Arkansas LDP rate for wheat is 0¢
Grain Sorghum
Cash bid for new crop at Memphis 562 to 579;
Bids to farmers at
River Elevators 555-620;
Today's Arkansas LDP rate for sorghum is 0¢
Corn
Cash bid for April at Memphis 362 1/2 to 368 1/2;
New crop at Memphis 330 3/4 to 333 3/4;
Bids to farmers at River Elevators 342 to 355
Chicago Futures: May up 8 1/4 at 360 1/2
Sept up 4 3/4 at 368 3/4
Dec up 4 at 372 1/2
Dec '08 up 2 at 386 1/4
Today's Arkansas LDP rate for corn is 0¢
Grain Comment
November soybean prices continue to decline. Rain in the Midwest is pressuring prices down as traders think some corn acres will actually be planted to soybeans. Adding to the bearish picture for soybeans is the fact that record stocks at the end of the marketing year should be enough to keep U.S. soybean supplies healthy despite the decline in production. The global soybean picture is not much better as global production growth continues to outpace global consumption growth. Strong yields in both the U.S. and South America will be more than enough to supply Asia's growing demand. November soybean prices will likely find some technical support in the coming days, as soybean prices appear to be over sold. Hopefully this will occur soon, as soybean prices are looking like they may close the gap set back in January.
Wheat prices took another hit today. Yesterday's progress report showed wheat quality down only 1 percent from last week to 54% in good or excellent condition. This is surprising given all the damage that has been reported across the country. The report showed 64% of Arkansas's wheat crop in poor or very poor shape. This report caused prices to gap lower, which will put some pressure on prices to keep falling. After flirting with trend line support prices closed just above support levels today.
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Cotton & Rice Date: April 24, 2007
Cotton
Spot Price, Grade 41 Staple 34: Memphis down 79 at 4597
Greenwood down 79 at 4597
New York Futures: May down 42 at 4868
July down 79 at 5072
Oct down 75 at 5400
Dec down 90 at 5565
Dec '08 down 100 at 6260
This week's LDP rate for cotton is 9.65 cents.
The estimate for next week is 9.86 cents.
Cotton Comment
December cotton set new contract lows today. After sharp declines cotton prices were able to recoup some of their losses to close down only 90. Cotton prices came under pressure today as China reported March cotton exports down 48 percent from last year. This is not good for U.S. cotton as it depends on China to buy most of its cotton. Cotton prices have seen little reaction to the production decline forecast in the planting report, as large carryover stocks will offset much of the reduction.
Rice
Long Grain Cash Bid for April 880 to 900/cwt
May 880 to 900/cwt
Chicago Futures: May down 9 1/2 at 996
July down 12 at 1027
Sept down 7 at 1062
Nov down 5 at 1093
Today's Arkansas LDP rate for long grain rice is is 0¢ cents
medium grain rice is 0¢ cents
Rice Comment
Rice prices fell again today. The rally we experienced following the March stock and the planting intentions report just can't sustain its self. Instead bearish news like U.S. mills operating at less than 50 percent capacity and slow U.S. rice exports appear to be dominating the market and pressuring rice prices lower. Prices have been unable to finish the head-and-shoulders it started, which would have added some much needed technical support in the market. Rice prices have support at $10.90.
--------------------------------------------------------------------------
Cattle & Hogs Date: April 24, 2007
Cattle
As reported by Federal-State Market News, receipts were 485 head at sales in Marshall.
Compared with last week, feeder steers sold weak to $3 lower.
Steers:
Medium & Large Frame 1 400 to 450 lbs. 125 to 132
500 to 550 lbs. 117 to 124
600 to 650 lbs. 107 to 115
to lbs. to
Medium & Large Frame 2 400 to 450 lbs. 108 to 118
Heifers:
Medium & Large Frame 1 500 to 550 lbs. 103 to 110.50
Medium & Large Frame 2 400 to 450 lbs. 100 to 108
Slaughter Cows, Boners 47.5 to 51
Light Weight 36 to 41
Bulls, Yield Grade 1 1000 to 2100 lbs. 58 to 62.50
Midwest Steers n/a at - - - to - - -
Panhandle Steers n/a at - - - to - - -
Oklahoma City Feeders Steers 500 to 550 lbs. 128 to 129
550 to 600 lbs. 119.75 to 128.25
Heifers 500 to 550 lbs. 105 to 113
550 to 600 lbs. 104 to 109
Chicago Futures:
Live Cattle: June up 15 at 9330
Aug down 2 at 9160
Feeders: May up 15 at 10912
Aug down 37 at 11210
Hogs
Peoria: were unchanged at 46 to 46.5
Chicago Futures: May down 80 at 7585
June down 105 at 7545
Sheep
St. Paul n/a at - - - to - - -
Livestock Comment
June live cattle experienced modest gains. The April contract declined as traders liquidated long positions prior to contract expiration. Midwest cash prices remain strong; however packers continue to buy only what they need as they feel feedlot prices are too strong.
Hog prices fell today. Recent price strength caused some concern that the market was over bought this may be the beginning of a corrective measure; however down side potential is limited. Hog prices have strong support at $75. This combined with the strengthening corn market reduces the downside potential for lean hogs.
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Poultry Date: April 24, 2007
Eggs
New York: Ex. Lg. 100-124; Lg. 98-102; Med. 86-90;
Chicago: Ex. Lg. 85-93; Lg. 83-91; Med. 70-78;
Eastern Region Turkeys
Hens: 8-16 lbs. 74-76
Toms: 16-24 lbs. 74-76
Delmarva Broilers
U.S. Grade A
Trade sentiment was generally steady. Supplies of all sizes were adequate to ample for trade needs. In production areas, live supplies were moderate at mostly desirable weights.
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Monday, April 23, 2007
4/23/2007 FB Market Report
ARKANSAS FARM BUREAU ELECTRONIC NEWSLETTER
Daily Arkansas Market Report for 4/23/2007
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Daily Arkansas Market Report for 4/23/2007
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Grain & Soybean Date: April 23, 2007
Soybeans
Local Elevators:
(April) EAST AR: 670 to 697
(NC) Summ. 709 to 732
River Elevators
(April) MISS: 686 to 701 ; AR & White 679 to 699
(NC) Summ. 710 to 732
Ark. Processor Bids: (April) 689 to 696 (NC) 729 to 732
Memphis: (April) 710 1/4 to 711 1/4 (NC) 727 3/4 to 733 3/4
Riceland Foods: (April) Stuttgart 696 ; Pendleton 697 ; West Memphis 698
Chicago Futures: May down 2 at 721 1/4
July down 2 1/4 at 738
Aug down 1 1/2 at 745 1/2
Nov down 1 3/4 at 765 3/4
Nov '08 down 1 1/2 at 800
Today's Arkansas LDP rate for soybeans is 0¢
Wheat
Cash bid for new crop at Memphis 475 1/2 to 477 1/2;
Bids to farmers at Local Elevators 450-460;
River Elevators 448-466;
Chicago Futures: May down 8 at 494
July down 9 1/4 at 505 1/2
Sept down 4 1/4 at 512 1/2
July '08 up 1 1/2 at 494 1/2
July '09 down 1/2 at 490
Today's Arkansas LDP rate for wheat is 0¢
Grain Sorghum
Cash bid for new crop at Memphis 554 to 572;
Bids to farmers at
River Elevators 541-605;
Today's Arkansas LDP rate for sorghum is 0¢
Corn
Cash bid for April at Memphis 354 1/4 to 359 1/4;
New crop at Memphis 326 to 329;
Bids to farmers at River Elevators 332 to 345
Chicago Futures: May down 8 1/4 at 352 1/4
Sept down 6 1/2 at 364
Dec down 6 1/4 at 368 1/2
Dec '08 unchanged at 384 1/4
Today's Arkansas LDP rate for corn is 0¢
Grain Comment
November soybeans were able to recover some of their early losses to close only down marginally. Despite news that corn plantings are going in as planned, soybeans are unable to find enough support to cause prices to increase. Soybean prices continue to be pressured by large carryover forecast for this fall. However, the weak dollar is drawing some interest in U.S. soybean exports during a time when South America usually dominates the market. While soybean prices are not experiencing gains, they are also not breaking key support levels at around $7.60, which means they are not filling in the gap left back in January. From a technical standpoint this gap gives soybean prices an upward potential of $8.80.
Wheat prices posted strong losses today. Many traders saw today as a good opportunity for profit taking as prices over the last few weeks rebounded to close to contract highs. Before today, July Wheat prices had increased $0.90 per bushel following the Easter Freeze. However, the market appears to be starting to corrective move as traders begin taking profits as the market is technically oversold. Prices were unable to break contact highs set back in February. Downside potential is limited in the market ;however, improving weather in other major wheat producing countries will add some pressure to prices here in the U.S.
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Cotton & Rice Date: April 23, 2007
Cotton
Spot Price, Grade 41 Staple 34: Memphis down 58 at 4676
Greenwood down 58 at 4676
New York Futures: May down 54 at 4910
July down 58 at 5151
Oct down 45 at 5475
Dec down 40 at 5655
Dec '08 down 35 at 6360
This week's LDP rate for cotton is 9.65 cents.
The estimate for next week is 9.81 cents.
Cotton Comment
After gains on Friday, December cotton prices experienced another day of declines. Large cotton carryover forecast for this fall continues to pressure cotton prices. The strong cotton sales reported last week have done little to support prices, as many traders feel these sales will not be shipped this season. There is little technical or fundamental support in the cotton market, gains in the cotton market will be difficult to sustain until something positive occurs in the fundamentals.
Rice
Long Grain Cash Bid for April 950/cwt to - - -
May 900 to 950/cwt
Chicago Futures: May down 4 at 1005
July down 9 at 1039
Sept down 9 at 1069
Nov down 10 at 1098
Today's Arkansas LDP rate for long grain rice is is 0¢ cents
medium grain rice is 0¢ cents
Rice Comment
Rice prices experienced modest declines today. Rice prices have been unable to sustain any kind of upward movement over the last few weeks. We are still waiting for rice to close in the $11.23 to 11.28 range to complete the potential head and shoulders which would place rice potential upside objectives at $11.80.
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Cattle & Hogs Date: April 23, 2007
Cattle
As reported by Federal-State Market News, receipts were 2571 head at sales in Ash Flat & Springdale.
Compared with last week, feeder steers sold steady to $3 lower.
Steers:
Medium & Large Frame 1 400 to 450 lbs. 122 to 132
500 to 550 lbs. 119 to 129
600 to 700 lbs. 109 to 117.5
to lbs. to
Medium & Large Frame 2 400 to 450 lbs. 120 to 124
Heifers:
Medium & Large Frame 1 500 to 550 lbs. 103 to 113
Medium & Large Frame 2 400 to 450 lbs. 106 to 116
Slaughter Cows, Boners 45 to 52
Light Weight 35 to 43
Bulls, Yield Grade 1 1000 to 2100 lbs. 57 to 64
Midwest Steers were steady to $1.50 lower at 95 to 96.50
Panhandle Steers were steady to $1 lower at 95 to 96.50
Oklahoma City Feeders Steers n/a to - - - lbs. - - - to - - -
- - - to - - - lbs. - - - to - - -
Heifers - - - to - - - lbs. - - - to - - -
- - - to - - - lbs. - - - to - - -
Chicago Futures:
Live Cattle: June up 87 at 9315
Aug up 100 at 9162
Feeders: May up 152 at 10897
Aug up 172 at 11247
Hogs
Peoria: were steady to $2 higher at 46 to 46.5
Chicago Futures: May up 7 at 7665
June down 55 at 7650
Sheep
St. Paul n/a at - - - to - - -
Livestock Comment
Despite expectations that prices would decline today given the cattle-on-feed report released last Friday, live cattle prices posted strong gains today. Today's gains recovered much of last week's losses leading up to the USDA report. Stronger than expected cash prices in the plains states helped add some much needed support to the market. Gains from the cash market maybe short lived as cash prices are expected to weaken in the near future. Cattle prices have support at $91-92.
Lean hogs experienced modest gains today. Hog prices are moving close to resistance levels at the contract high of 77.75. Tight hog supplies continue to push prices higher despite news that frozen pork stocks were higher than expected. The market will have difficulty reaching new highs as the market is beginning to run out of steam and is in danger of being oversold.
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Poultry Date: April 23, 2007
Eggs
New York: Ex. Lg. 96-100; Lg. 94-98; Med. 81-85;
Chicago: Ex. Lg. 85-93; Lg. 83-91; Med. 70-78;
Eastern Region Turkeys
Hens: 8-16 lbs. 74-76
Toms: 16-24 lbs. 74-76
Delmarva Broilers
U.S. Grade A
Majority prices were irregular, ranging higher in the West, lower in the East, and unchanged to lower in the Midwest when compared to previous week. Trade sentiment was firm in the West, steady elsewhere. Supplies of all sizes were usually more than sufficient to handle trade needs. In production areas, live supplies were moderate. Weights desirable to heavy.
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-----------------------------------------------------
QUESTIONS OR COMMENTS?
If you have any comments or questions about this e-newsletter please
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Arkansas Farm Bureau
10720 Kanis Road
Little Rock, AR 72211
501-224-4400
Copyright 2005
Arkansas Farm Bureau, Inc.
All rights reserved
--------------------------------------------------------------------------
FWD: Morning Manna (Apr. 24); BP: Jn. 21:15-23; RBTTY: Lk. 18:1-23; II Sam. 19-20
Samuel D. High
sdhigh@aristotle.net
-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Mon, 23 Apr 2007 14:59:17 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (Apr. 24); BP: Jn. 21:15-23; RBTTY: Lk. 18:1-23; II Sam. 19-20
April 24 “The Question of the Ages”
“So, when they had dined, Jesus said to Simon Peter, ‘Simon, son of Jonas,
do you love Me more than these?’ He said unto Him, ‘Yea, Lord—You know that
I love You.’ He said unto him, ‘Feed My lambs’.”
John 21:15
As the old Gospel song’s lyrics say, “What will you do with Jesus?
Neutral you cannot be. One day your heart will be asking, ‘What will He do
with me’?”
Jesus’ coming to earth changed everything. His life, death, burial and
resurrection became the Watershed of history—and even though modern
revisionist of history have changed the “B.C.” (“Before Christ”) and “A.D.”
(“In the Year of Our Lord”) to “B.C.E” (“Before the Common Era”) and “C.E.”
(“Common Era”), the fact remains that each one of us must choose what we’ll
do with Christ before we die.
Some folks choose to do nothing. They write Him off as some misguided
zealot trying to restore Israel to her former glory. Others view Him as
little more than a religious teacher or mighty prophet. And, still others
regard Him as a deranged madman, unworthy of our consideration or
contemplation.
Even so, Jesus’ question of “Whom do men say I, the Son of Man am?” and
“Whom do you say that I am?” (Mt. 16:13-15) cannot compare to His question
in today’s Manna. While it’s very important for us to know Who He is—i.e.,
the Son of God, Promised Messiah, the “Way, the Truth and the Life” (Jn.
14:6), etc.—our answer to His question of “Do you love Me?” is of utmost,
eternal importance.
When Jesus asked Simon Peter that question around the campfire that
morning on the shores of the Sea of Galilee, He used the word “agape” for
“love.” He basically was asking, “Do you love me the way God the Father has
loved you?” And, sadly, Peter responds with “phileo,” which means “I love
You like a brother.”
Even when Jesus repeated His question a second time (v.16), Peter still
responded the same way. So, we shouldn’t be surprised that Jesus used
Peter’s word for “love” the third time He asked the question, “Do you love
Me?” (v.17). In essence, He was asking, “Do you only love Me like a brother
or only have strong affection for Me?”
No wonder “Peter was grieved (Grk. ‘lupeo’—‘to be distressed, be in
heaviness, sorrowful, etc.’) because He said unto him the third time, ‘Do
you love Me’?” (v.17). Jesus asking three times reminded him of his having
denied Him three times (Lk. 22:54-65). And, His switching verbs caused him
to realize the shallowness of his response and the need to say “Lord, You
know all things—You know I love you with all my heart” (v.17).
Oh, dear Pilgrim, how we grieve our Savior’s holy heart when our lips
profess our love for Him, but our actions prove otherwise. May we allow the
Holy Spirit to search our hearts today and reveal to us any area where our
walk contradicts our talk. Then, may we repent of that sin and recommit our
lives to Him as Lord of all.
_________________________________________________________________
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Sunday, April 22, 2007
FWD: Morning Manna for Apr. 21 & 23
Samuel D. High
sdhigh@aristotle.net
-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Sun, 22 Apr 2007 16:15:35 -0500
To: pressingon@hotmail.com
Subject: Morning Manna for Apr. 21 & 23
HELLO AGAIN, DEAR PILGRIM:
Well, it has come to my attention that I sent you the "Morning Manna" for
Apr. 20 & 22, not for the 20th & 21st. And, the BPs and RBTTYs were for the
21st and 22nd. So, please forgive this error and evidence of my advancing
"mental maturity." :)) Please find the MM for Apr. 21 and 23 here. I do
hope you enjoyed reading the one for Apr. 22 twice. ;)) Take care. God
bless you!
In Jesus' Unfailing Love,
Bro. Tom
Morning Manna (Apr. 21); BP: Jn. 20:19-25; RBTTY: Lk. 16; II Sam. 12-13
April 21 “No Secondhand Faith”
“But Thomas, one of the 12, called Didymus, was not with them when Jesus
came. The other disciples, therefore, said unto him, ‘We have seen the
Lord.’ But he said unto them, ‘Except I shall see in His hands the print of
the nails and put my finger into the print of the nails and thrust my hand
into His side, I will not believe’.”
John 20:24-25
Secondhand faith is better than no faith, but firsthand faith is best.
Thomas.
Down through the years since the time of today’s Manna this Apostle has
been maligned and misunderstood for his words that night. He’s been labeled
as “Doubting Thomas” for his pointed declaration and refusal to believe the
others’ testimony. But, perhaps, we shouldn’t be so hard on him—especially
when we realize that quite often we’re just like him in many ways.
Although he isn’t mentioned in any other of the Four Gospels except for
the listing of the Apostles’ names, this one—whose name means “Twin”—is
definitely an intriguing individual. He was the one who said “Let us go
that we may die with Him” when Jesus announced they were going to Bethany
after Lazarus died (Jn. 11:16). This made him either a realist or
pessimist—or both.
Likewise, Thomas was also the one in the upper room who candidly asked
“Lord, we don’t know where You’re going and how can we know the way?” (Jn.
14:5)—to which Jesus gave the beautiful response of “I am the Way, the Truth
and the Life—and no one comes unto the Father except by me” (v.6). And, he
was one of the seven disciples who went out fishing after seeing the Risen
Lord—so great was their shame of having forsaken their Lord (Jn. 21:2).
Even so, his response to the other disciples’ claims in our Manna is
the one most folks remember. Why is that? Because it seems to say “Seeing
is believing” and is a refusal to accept things by faith.
But, oh, dear Pilgrim, was Thomas asking for anything more than the
other disciples had already received (vv.11-23; Lk. 24:13-35)? And, hadn’t
they all been guilty of refusing others’ testimony as well (Lk. 24:11,
22-24)?
Why, then, are we so hard on Thomas?
Could it be that his name (“Twin”) is ours as well—i.e., that there’s
always a mixture of doubt and faith to some degree within us? And, could it
be that Thomas was basically saying, “I’m glad you saw Him—but I don’t want
secondhand faith; I want to see Him for myself” ?
We should always be thankful for what God’s doing in others’ lives and
allow their walk of faith to both enrich and edify ours (Jn. 4:39).
However, how much better when we “hear Him ourselves” (Jn. 4:40-42) and can
testify with confident, firsthand faith of what the Lord has done for us.
Hallelujah!!
Morning Manna (Apr. 23); BP: Jn. 21:1-14; RBTTY: Lk. 17:2037; II Sam. 16-18
April 23 “On Grace Abounding”
“After these things Jesus showed Himself again to the disciples at the sea
of Tiberias—and on this wise showed He Himself. There were together Simon
Peter and Thomas, called Didymus, and Nathanael of Cana in Galilee and the
sons of Zebedee and two other of His disciples. Simon Peter said unto them,
‘I go a-fishin.’ They say unto him, ‘We also go with you.’ They went forth
and entered into the boat immediately—and that night they caught nothing. .
.Jesus then came and took bread and gave them and fish likewise.”
John 21:1-3, 13
It’s hard for us to enjoy the Lord’s Presence when guilt overshadows
His grace.
For 40 days after His resurrection Jesus appeared to His followers at
various times and in various locations (Acts 1:3). Although we’re not told
everything He did or said, it is clear that He had much to say about “God’s
Kingdom” and their responsibility in furthering it.
Although we don’t know how many days had passed from the time of His
appearance to Thomas (Jn. 20:26-29), we do know He didn’t wait for them to
come to Him; He came to them where they were and imparted to them great
grace. And, thankfully, He still does the same thing today.
We learn in today’s Manna that the disciples were gathered at the sea
of Tiberias—also known as the Sea of Galilee—when Jesus appeared to them
once again. We don’t know if He came walking to them along the seashore or,
as before, just suddenly appeared in their midst. What’s important is that
He sought them out to reinforce the reality of His resurrection and the
importance of letting others know about Him (vv.30-31).
What’s interesting is Simon Peter and six other disciples said “I go
a-fishin’” after having seen Jesus again. Why did they not linger with Him,
longing to spend every waking minute at His feet? Did He suddenly disappear
again? Or, could it be their guilt was so great that just being in His
presence and looking into His eyes reminded them of their having denied and
deserted Him?
Interesting speculation, isn’t it?
Regardless, it’s clear their night of fishing was fruitless—or, is that
fish-less? It’s also interesting that Jesus once again appeared on the
seashore that morning in the early-morning light and asked, “Have you caught
anything?” (v.5a). Their answer of “Nothing”. . .His words of “Cast the net
on the other side”. . .and their catching an unbelievable amount of fish
(vv.5b-6) are strangely similar to His first encounter with them some
three-and-one-half years before (Lk. 5:1-6).
Could it be this was intended to remind them of His power and their
purpose in “fishing for men” (Mk. 1:17)? And, could it be He was showing
them the futility of returning to an old lifestyle when guilt and shame have
dimmed our vision and robbed our joy? Let us thank the Lord today for His
“grace that is greater than our sins” and His desire to still commune with
and commission us to do His will. Hallelujah!!
_________________________________________________________________
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